Agreed @kiwisteve1968 capital raising seems like a wise move and the price is fair.
Now the decision is to buy/sell/hold before ex-date for cap raise and then whether to participate in the offer...SP should stay around 1.7-1.75 levels short term I suspect. My initial gut reaction, pending the SP drops lower, is to top-up and fully participate in the SPP, increasing my NSR holding.
I'm going to review the FY results in more depth tonight but at first glance they look very solid.
Agreed @kiwisteve1968 capital raising seems like a wise move and...
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Last
$2.37 |
Change
0.040(1.72%) |
Mkt cap ! $3.283B | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.37 | $2.32 | $1.295M | 553.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 62510 | $2.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.37 | 88606 | 30 |
View Market Depth
| Last trade - 12.03pm 30/07/2025 (20 minute delay) ? |
| NSR (ASX) Chart |